All Blogs


Interest Only Loan

By Team iBizExpert On April 11, 2022 09:17 PM No Comments
Interest-only mortgages are risky and have some drawbacks. It's a tricky type of mortgage because the payments are small for the first 1, 2, 5, 7, or even 10 years, which can be misleading. At the end of the loan term, the whole principal balance...

Interest Only Home Loans -- Are They Right For You?

By Team iBizExpert On April 11, 2022 09:03 PM No Comments
Over the last ten years or so, interest-only home loans have been getting stronger and more popular. An interest-only home loan is based on the idea that the buyer only has to pay the interest on the mortgage for a certain amount of time, usually...

Choosing The Right Mortgage

By Team iBizExpert On March 21, 2022 10:43 PM No Comments
Don't forget that you wouldn't buy the first house you saw, so why take the only mortgage you can get? Ask for more than one quote about good faith. Check out the options that different lenders offer. Make sure to ask the lender not to pull your...

Home Mortgage Loans For People With Bad Credit - Pro's And Con's Of Interest-Only Loans

By Team iBizExpert On February 25, 2022 06:55 PM No Comments
It's just as easy to buy a home with bad credit as it is with good credit. Years ago, many people with bad credit thought they could never own a home. There are loan programmes that can help people buy a house even if they don't have a lot of...

1.25% Neg Am Loans: How Deferred Interest Mortgages is Good Home Financing

By Team iBizExpert On February 16, 2022 05:24 AM No Comments
Are there really interest rates of 1.25 percent? Neg am mortgages figure out more than one mortgage rate. The payment rate is one, and the interest rate is the other. The payment rate is capped at 7.5% of the last payment, which is good news. The...

Types Of Mortgage

By Team iBizExpert On February 15, 2022 04:04 PM No Comments
Buying a house is one of the most important things you'll ever do. So, you do need to think about your mortgage. Take some time to think about what kind of mortgage you should get. Since you will be spending your own money, I would suggest using...

Stated Income Second Mortgages: Understanding No Income Verification Loans

By Team iBizExpert On February 15, 2022 01:56 AM No Comments
What is a second mortgage based on a stated income? A second mortgage with a "stated income" doesn't require the borrower to show proof of the income listed on the application. This helps self-employed people and contract workers who get a 1099...

Non Comforming Loan Comparison: Adjustable Rate Mortgage Versus Fixed Rate Mortgage

By Team iBizExpert On February 13, 2022 01:48 AM No Comments
Are all loans for a house the same? Or, if you're not careful, choosing one type of mortgage over another can get you into trouble. All mortgages are not the same. For example, an adjustable rate mortgage is different from a fixed rate...

Loan Comparison: Interest Only Home Equity Loans Versus Balloon 2nd Mortgage

By Team iBizExpert On February 12, 2022 11:20 PM No Comments
What is a loan that only pays the interest? This is a loan where only the interest is paid back each month. The principal is not paid back. The loaned money may be paid back in 10, 15, or 20 years. By making payments on the principal, a borrower...

Interest Only Mortgages

By Team iBizExpert On February 12, 2022 06:11 PM No Comments
The interest-only mortgage is becoming more common and well-known as people look for new and creative ways to pay for buying a home. In the first few years of an interest-only mortgage, you can choose to pay only the interest or just the interest...

Browse By Categories

iBizExpert Free Blog Submission Website - Submit your original, high-quality blogs to get more exposure, credibility, and traffic to your website.